Taxation Determination

TD 2004/44A1 - Addendum

Income tax: consolidation: capital gains: does the transfer of an asset between members of a consolidated group affect the ownership period of the head company for the purposes of applying the small business 15 year exemption in Subdivision 152-B of the Income Tax Assessment Act 1997?

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Addendum

This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953. It amends Taxation Determination TD 2004/44 to change the reference to TR 92/20 to TR 2006/10 in the Date of Effect paragraph (reflecting the fact that TR 2006/10 has superseded TR 92/20).

TD 2004/44 is amended as follows:

1. Paragraph 10

Omit '(see paragraphs 21 and 22 of Taxation Ruling TR 92/20)'; substitute '(see paragraphs 75 and 76 of Taxation Ruling TR 2006/10)'.

2. Related Rulings/Determinations

Omit 'TR 92/20'; substitute 'TR 2006/10'

This Addendum applies with effect from today.

Commissioner of Taxation
19 December 2012

References

ATO references:
NO 1-3SPYS9M